Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    77 Foundry Ave Batavia, OH 45103

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,790,000

    26,000+ SF multi-use commercial asset with warehouse and office space.

    Lot size:
    1.68 Acres

    Property Features for 77 Foundry Ave

    General Information

    Standard status
    Active
    Lot size
    1.68 Acres

    We can help!

    Listing Contact
    Ragan R McKinney
    Source: Exprealty

    Listing Agency: Ragan McKinney Real Estate Listing Agent: Ragan R McKinney

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Multi-Use Commercial Asset For Sale

    This multi-use commercial asset offers over 26,000 square feet, including nearly 20,000 square feet of high-ceiling warehouse space reaching 25+ feet. The fire-retardant construction is suited for logistics, industrial, or high-volume users. The property features multiple overhead doors. It also includes two modernized office suites: a lower-level unit with over 3,000 square feet and a private entry, and an upper-level space with over 3,000 square feet, a full kitchen, six offices, and common areas. These office suites are suitable for an owner-occupant or additional rental income. The property has over 70 parking spaces to code and rail adjacency. An additional lot fronts the Little Miami River for expanded access. The property is located in Batavia, OH.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Batavia
    County
    Clermont
    State
    Ohio
    Longitude
    -84.1805154
    Latitude
    39.0784255

    Nearby Similar for Sale

    • $525,000
      Pending

      Turnkey Bait Shop on 6.74 Acres

      Established bait shop and pay lake near East Fork State Park.
      2155 Slade Rd, Batavia, OH 45103
      View Details
    • $1,395,000

      Turnkey Car Wash & Quick Lube

      High-performing car wash and quick lube on 0.91 acres.
      1020 Hospital Dr, Batavia, OH 45103
      View Details
    • $2,139,000
      2,325 SF

      New Single-Tenant Chipotle Restaurant

      New Chipotle in Batavia, OH with long-term corporate lease.
      Hospital Dr, Batavia, OH 45103
      View Details
    • $17,250,000
      253,566 SF

      Batavia Industrial Property with Rail Access

      253,566 SF industrial property with direct rail access.
      4225 Curliss Ln, Batavia, OH 45103
      View Details
    • $1,395,000

      Turnkey Car Wash & Quick Lube

      High-performing car wash and quick lube on 0.91 acres.
      1020 Hospital Dr, Batavia, OH 45103
      View Details
    • Contact for pricing
      5,433 SF

      Former Restaurant on 1.17 Acres

      Former 5,433 SF restaurant on 1.17 AC for sale.
      2192 Winemiller Ln, Batavia, OH 45103
      View Details
    • $149,000

      Commercial Mixed-Use Property in Batavia

      Two-story mixed-use property with retail/office and apartment potential.
      220 E Main St, Batavia, OH 45103
      View Details
    • $1,338,000
      9,180 SF

      Batavia Retail Investment Opportunity

      NNN leased Family Dollar with corporate guarantee and options.
      4136 Oh-276, Batavia, OH
      View Details
    • $2,800,000
      2,776 SF

      Established Business Near East Fork Lake

      Well-established business for sale near East Fork Lake State Park.
      2818 Old State Route 32, Batavia, OH 45103
      View Details
    • $895,000
      8,274 SF

      Industrial Zoned Office Building

      8,274 SF office building on 6.99 acres near Purina-Nestle.
      4203 Curliss Ln, Batavia, OH 45103
      View Details
    • $2,225,000

      Equestrian Training Facility Near WEC

      69-acre equestrian facility with indoor and outdoor arenas.
      2641 Us Highway 50, Batavia, OH 45103
      View Details
    • $5,268,182
      10,960 SF

      PetSuites Retail Investment Opportunity

      10,960 SF PetSuites in Cincinnati, OH for sale.
      4560 Eastgate Oaks Dr, Batavia, OH 45103
      View Details

    FAQs

    What type of property is this?
    Flex space - 26,000+ SF multi-use commercial asset with warehouse and office space.
    Where is this flex space located?
    The property is located at 77 Foundry Ave Batavia, OH.
    What is the asking price?
    The asking price for this property is $1,790,000.
    What are key features of this property?
    This property features: - Over 20,000 SF of **high-ceiling (25'+) warehouse space** suitable for logistics, industrial, or high-volume users.; - Two modernized office suites totaling over 6,000 SF, suitable for owner-occupancy or rental income.; - Over 70 parking spaces to code.
    (937) 444-7355
    Request Owner's contact information
    77 Foundry Ave Batavia, OH 45103
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    77 Foundry Ave
    Batavia, OH 45103
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    77 Foundry Ave Batavia, OH 45103
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ragan R McKinney
    (937) 444-7355
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.